Lessons in Trade Policy Reform

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)

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Book Synopsis Lessons in Trade Policy Reform by : V. Thomas

Download or read book Lessons in Trade Policy Reform written by V. Thomas and published by . This book was released on 1900 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Lessons in Trade Policy Reform

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Lessons in Trade Policy Reform by : Vinod Thomas

Download or read book Lessons in Trade Policy Reform written by Vinod Thomas and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade reform programs have two main objectives. The first is to help raise economic growth and employment generation by improving resource allocation and economywide efficiency. The second is to help improve the balance of payments by strengthening the competitiveness of the external sector and expanding exports and efficient import substitutes. This paper evaluates developing country experience with trade policy reforms and makes recommendations for improving the design and implementaion of those reforms. It assesses the extent and effectiveness of the reforms under adjustment programs in the 1980s, highlighting practical problems and constraints, both economic and politcal. Broadly speaking, it considers three issues: (1) the potential conflicts between trade policy reforms and macroeconomic stabilization efforts; (2) the supply response to trade policy reforms, in the context of export prospects and domestic and external constraints; and (3) the sequencing, timing and duration of import reforms, their relation to internal reforms, and the associated transitional costs. The paper finds that trade policy reform, when implemented well, has contributed to improved economic performance in developing countries. The paper also finds that well-designed trade policy reforms do not conflict with other priorites except in special cases; usually they enhance growth.

The Distributional Impacts of Trade

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Publisher : World Bank Publications
ISBN 13 : 1464817057
Total Pages : 206 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Distributional Impacts of Trade by : Jakob Engel

Download or read book The Distributional Impacts of Trade written by Jakob Engel and published by World Bank Publications. This book was released on 2021-06-09 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well as how policies can more effectively ensure that the gains from trade are distributed more widely. The Distributional Impacts of Trade: Empirical Innovations, Analytical Tools, and Policy Responses provides a deeper understanding of the distributional effects of trade across regions, industries, and demographic groups within countries over time. It includes an overview (chapter 1); a review of innovations in empirical and theoretical work covering the impacts of trade at the subnational level (chapter 2); highlights from empirical case studies on Bangladesh, Brazil, Mexico, South Africa, and Sri Lanka (chapter 3); and a policy agenda to improve distributional outcomes from trade (chapter 4). This book comes at a time when the shock from COVID-19 (coronavirus) adds to an already uncertain trade policy environment in which the value of the multilateral trading system has been under increased scrutiny. A better understanding of how trade affects distributional outcomes can lead to more inclusive policies and support the ability of countries to maximize broad-based benefits from trade.

Trade Policy Reform in Developing Countries Since 1985

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Publisher : World Bank Publications
ISBN 13 : 9780821331026
Total Pages : 114 pages
Book Rating : 4.3/5 (31 download)

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Book Synopsis Trade Policy Reform in Developing Countries Since 1985 by : Judith Myrle Dean

Download or read book Trade Policy Reform in Developing Countries Since 1985 written by Judith Myrle Dean and published by World Bank Publications. This book was released on 1994 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The recent and apparently broad move towards unilateral trade liberalization in the developing world has not been systematically documented, nor has comparative data been compiled. This study investigates the extent and character of trade reform in 32 countries in South Asia, East Asia, Africa, and Latin America. Changes in tariffs, non-tariffs barriers, foreign exchange controls, and export impediments between the mid-1980s and 1992/93 are discussed. Data are presented on changes in the level, range, and dispersion of tariffs, and coverage of quantitative restraints. Similarities and differences both within and between regions are evaluated." -- Website.

Trade Policy Disaster

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Publisher : MIT Press
ISBN 13 : 0262297744
Total Pages : 211 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Trade Policy Disaster by : Douglas A. Irwin

Download or read book Trade Policy Disaster written by Douglas A. Irwin and published by MIT Press. This book was released on 2011-10-21 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis. The recent economic crisis—with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment—has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time. Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.

Sustaining Trade Reform

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Publisher : World Bank Publications
ISBN 13 : 082139987X
Total Pages : 167 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Sustaining Trade Reform by : Elías A. Baracat

Download or read book Sustaining Trade Reform written by Elías A. Baracat and published by World Bank Publications. This book was released on 2013-08-05 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Factually, the principal finding of this book is that the trade policy reforms introduced by Peru in the 1990s have continued over several changes of president, whereas similar reforms in Argentina have been reversed. In both countries, the reforms included the introduction of new mechanisms for managing trade policy as well as the reduction of restrictions. Throughout the decade beginning in 2000, Peru’s liberalization expanded. The new institutions became more robust, and through them pressures for protection were effectively contained. At the same time, Argentine trade policy returned to the high-protection import substitution regime in place before the 1990s reforms. Multiple restrictions have been imposed, mostly through a reversion to informal methods that abjure the governance characteristics that the 1990s reforms introduced. The difference between the two cases cannot be explained by economic parameters such as resource endowments or external shocks. Peru’s reforms manifest the buoyant and confident attitude toward the global economy that reform leaders were able to introduce into Peruvian politics. In the words of former president Alan García, there is an eagerness to “climb up on the wave of growth.” In comparison, Argentina’s current development strategy sees international trade as detrimental to Argentina’s interests unless participation by Argentine buyers and sellers is guided by government intervention. The Peruvian case provides examples of successfully managing the politics of reform and the technical aspects of policy so as to establish transparent and participatory processes that weigh accurately the impact of trade policy on all affected domestic parties. The Argentine case demonstrates that the World Trade Organization legal system is not an effective restraint on a government that wants to revert to an import substitution regime. International cooperation has been useful when it has recognized and influenced domestic sovereignty over economic regulation; however, it is not been useful when approached as a matter of international regulation of national actions.

Clashing Over Commerce

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Publisher : University of Chicago Press
ISBN 13 : 022639901X
Total Pages : 873 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Clashing Over Commerce by : Douglas A. Irwin

Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Trade Reform

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Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Trade Reform by : Geoffrey Shepherd

Download or read book Trade Reform written by Geoffrey Shepherd and published by . This book was released on 1991 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Transition and Trade Policy Reform

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic Transition and Trade Policy Reform by : Kiichiro Fukasaku

Download or read book Economic Transition and Trade Policy Reform written by Kiichiro Fukasaku and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade in the 21st Century

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Publisher : Brookings Institution Press
ISBN 13 : 0815729057
Total Pages : 309 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Trade in the 21st Century by : Bernard M. Hoekman

Download or read book Trade in the 21st Century written by Bernard M. Hoekman and published by Brookings Institution Press. This book was released on 2021-01-19 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.

Economic Transition and Trade Policy Reform

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (433 download)

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Book Synopsis Economic Transition and Trade Policy Reform by : Organización de Cooperación y Desarrollo Económico

Download or read book Economic Transition and Trade Policy Reform written by Organización de Cooperación y Desarrollo Económico and published by . This book was released on 1996 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policy Reform

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Trade Policy Reform by : UNDP-World Bank Trade Expansion Program

Download or read book Trade Policy Reform written by UNDP-World Bank Trade Expansion Program and published by World Bank Publications. This book was released on 1998 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on 1995 final of the UNDP/World Bank Trade Expansion Program.

Practical Lessons for Africa from East Asia in Industrial and Trade Policies

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Publisher : World Bank Publications
ISBN 13 : 9780821334843
Total Pages : 138 pages
Book Rating : 4.3/5 (348 download)

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Book Synopsis Practical Lessons for Africa from East Asia in Industrial and Trade Policies by : Peter Harrold

Download or read book Practical Lessons for Africa from East Asia in Industrial and Trade Policies written by Peter Harrold and published by World Bank Publications. This book was released on 1996 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Living Standards Measurement Survey Working Paper No. 121. Explores the link between poverty and lack of infrastructure using the 1992-93 Viet Nam Living Standards Survey. The household data indicate that, in general, access to infrastructure is almost equally bad for the poor and the non-poor, although there are some regional and urban-rural differences. The paper gives particular attention to the potential benefits from an expansion of irrigation infrastructure.

Three Simple Principles of Trade Policy

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Publisher : American Enterprise Institute
ISBN 13 : 9780844770796
Total Pages : 44 pages
Book Rating : 4.7/5 (77 download)

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Book Synopsis Three Simple Principles of Trade Policy by : Douglas A. Irwin

Download or read book Three Simple Principles of Trade Policy written by Douglas A. Irwin and published by American Enterprise Institute. This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author argues that a tax on imports commensurately creates a tax on exports, and that trade imbalances reflect capital flows between countries.

Economic Transition and Trade Policy Reform

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (468 download)

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Book Synopsis Economic Transition and Trade Policy Reform by : Centre de développement de l'OCDE (Paris)

Download or read book Economic Transition and Trade Policy Reform written by Centre de développement de l'OCDE (Paris) and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Policy Reform

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Publisher : University of Chicago Press
ISBN 13 : 9780226454481
Total Pages : 634 pages
Book Rating : 4.4/5 (544 download)

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Book Synopsis Economic Policy Reform by : Anne O. Krueger

Download or read book Economic Policy Reform written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2000 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Anne O. Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century."--Stanley Fischer, International Monetary Fund The papers and commentary collected in this volume discuss vital contemporary thinking on economic policy reform--in particular, the difficulties that leave so much of the world mired in poverty. Distinguished contributors address issues ranging from education and privatization to exchange rates and telecommunications reform, providing an excellent overview of the current situation and the possible paths into the future.

Introduction to Trade Policy

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Publisher : Routledge
ISBN 13 : 1317196627
Total Pages : 312 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Introduction to Trade Policy by : Aluisio Lima-Campos

Download or read book Introduction to Trade Policy written by Aluisio Lima-Campos and published by Routledge. This book was released on 2017-11-10 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Trade Policy provides a comprehensive overview of the rules and regulations that govern trade flow. It discusses the trade policy formulation process of major international economic players, and analyzes existing trade policy tools that countries may resort to in order to take advantage of the benefits of international trade and to protect themselves against its dangers, as well as their implications for trade policy, law and negotiations. In Section I, the book explores the ways in which interest groups interact with government and legislators to shape trade policies. By developing an analytical view of trade policy formulation systems in the U.S., European Union, the BRICS countries (Brazil, Russia, India, China and South Africa), Canada, Mexico and Australia, the book will help the reader to gain a better understanding of these countries’ trade policy developments and also to apply such learning to the analysis of the trade policy formulation of any other countries. Section II goes on to explain how trade policy tools are used by governments to achieve trade and other policy objectives, while Section III analyses trade in services and the multilateral trade rules on Intellectual Property. Finally, Section IV uses hypothetical case studies in simulation exercises to illustrate trade policy decision-making and trade agreement negotiations in a bilateral, plurilateral and multilateral setting. This is the ideal introduction to international trade policy formulation for students and professionals in the areas of law, politics, economics and public policy who are seeking to develop a global view of international trade, gain insights into trade negotiations and understand the motivations behind the policies and actions of governments regarding international trade issues. This book is also the ideal companion to any traditional legal casebook on international trade or on international economic law.